Seagate Technology - Fundamentals Message Board

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Technology Stocks : Seagate Technology - Fundamentals

STX 240.54

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3:59 PM EST

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To: LK2 who wrote (773)	4/11/1999 11:40:00 AM
From: Stitch	Read Replies (1) of 1989

Larry; You are right declining margins, over-competition, etc etc ad nauseum, is affecting the box makers as it has the whole supply line. The good news still lies in the corporate sector. But there is a lot of conjecture that the enterprise sector slows down after the next quarter as they will wait out Y2K. There is general hope and even prognostication that small business will pick up the slack as they generally have delayed their efforts in Y2K readiness. I am staying in SEG for what I view as strength in the high end. There is a current softening in PC sales and there have been some order pullbacks for materials among the desktop makers (especially WDC and Maxtor). I guess we will know soon enough how severe it is. Best, Stitch

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